https://d5nxst8fruw4z.cloudfront.net/atrk.gif?account=pUuXo1IWhd10Ug
logo
No flaw in Muscat Securities Market security: Officials
January 21, 2018 | 10:31 PM
by Gautam Viswanathan/[email protected]
The announcement came after an ethical hacker claimed to have discovered a major security flaw in Oman’s only stock exchange.
 
Sharelines

Muscat: Muscat Securities Market has dismissed reports of an alleged security flaw and has reassured investors and residents in Oman about the safety measures they employ to prevent hackers stealing valuable data.

The announcement came after an ethical hacker claimed to have discovered a major security flaw in Oman’s only stock exchange.

Securities market

On their official Twitter account, a spokesman for the securities market said: “In reference to what is being discussed about the possibility of the penetration of Muscat Securities Market, we confirm the durability of our technical systems used and the safety of the market. What is disseminated is incorrect information.



“We also confirm that the market is in constant coordination with the Information Technology Authority to conduct security checks on its applications and programmes in accordance with the procedures in place to ensure the efficiency of security systems and not expose it to any kind of penetration,” added MSM.

“We call on all to exercise caution and to not circulate and disseminate such information.”

Muscat Securities Market has a market capitalisation of about US$ 23 billion, or about OMR 8.9 billion.

STAY UPDATED
Subscribe to our newsletter and be the first to know all the latest news